Summary:
- Tribe Stays secured $2.8 million in Pre-Series A funding led by Artha Venture Fund and co-led by RiverWalk Holdings, with participation from key investors including Kunal Khanna and Krishna Jain, supporting its growth in the organized co-living and student housing market.
- The company currently operates 650 beds in Pune and plans to add 1,000 more this financial year, targeting a portfolio expansion to 25,000 beds across major Tier 1 and Tier 2 cities such as Hyderabad, Bengaluru, Mumbai, Gurugram, and Pune.
- Tribe Stays aims to meet rising institutional demand from universities and corporates by scaling its hospitality-led, asset-light model across three luxury sub-brands, positioning itself as a leading provider of premium managed accommodation in India.
Original article:
